Lpg News

Wärtsilä Gas Solutions, part of technology group Wärtsilä, will supply the complete cargo handling system for a new fully pressurized LPG Carrier being built for Meghna Fresh LPG, part of the Bangladeshi Meghna Group of Industries.The group is one of the Bangladesh’s largest industrial conglomerates, and in addition to being the owner of the new ship, it also owns the shipyard where the vessel is constructed and is the owner of the energy industries that the vessel will serve.The Wärtsilä scope for the complete cargo handling system covers three main parts - the engineering scope…

WinGD introduced an option for its X-DF-A ammonia-fuelled engines to be delivered capable of running on liquified petroleum gas (LPG), a ‘pre-fit’ solution that could be of interest to vessels under construction for the anticipated global trade in ammonia, which will also be capable of transporting LPG.Named X-DF-P for the propane that is LPG’s primary component, the solution will be released to enable first engine deliveries in 2027, when operators are likely to be considering in detail their anticipated balance between the LPG and ammonia trades.

VesselsValue has released its Q4 2024 Market Outlook indicating a forecast period up to 2027 which suggests a mixed outlook across different vessel types.The company anticipates that orders for bulkers and tankers will gain momentum, while demand for containers and LNG/LPG vessels will decline. Despite the expected rise in bulker and tanker orders, the overall orderbook will likely shrink due to a surge in deliveries for container and gas vessels.Geopolitical tensions, such as the Houthi attacks in the Bab Al Mandeb Strait, are creating both risks and opportunities for shipping.

NYK and Astomos Energy have named their second jointly owned large liquefied petroleum gas (LPG) carrier Gas Amethyst at the Sakaide Works of Kawasaki Heavy Industries.Following Gas Garnet vessel, which was delivered in March this year, Gas Amethyst is the second jointly owned LPG dual-fuel vessel to be delivered this year and the fourth LPG dual-fuel vessel for Astomos Energy.Gas Garnet is 229.90 meters long vessel, with a tank capacity of 86,953 m3.The vessel is equipped with a dual-fuel engine that can use heavy oil and LPG as fuel.

Russia will likely open its first liquefied petroleum gas (LPG) terminal on the Pacific Ocean coast with joint investments from China by the end of 2025, two industry sources said on Wednesday.Last week, Russian Direct Investment Fund (RDIF) struck an agreement with Chinese petrochemical company Haiwei to finance the marine terminal in Russia's Far East to ship LPG. It did not provide the timings for the project completion.The agreement, signed ahead of President Vladimir Putin's visit to China on May 16-17…

Mitsui O.S.K. Lines (MOL) has signed a time charter contract for two liquefied petroleum gas (LPG) dual-fuel very large gas carriers (VLGCs) with a subsidiary of TotalEnergies, CSSA Chartering and Shipping Services (CSSA).MOL made the agreement through its subsidiary MOL Energia.The vessels will be built by Hyundai Samho Heavy Industries in South Korea and are scheduled for delivery in 2026.The overall length of vessels is 230 meters, with brad of 32.25 meters. Their cargo tank capacity is 88…

Mitsui O.S.K. Line (MOL) has taken delivery of the newly built dual-fuel LGP and ammonia very large gas carrier (VLGC) Aquamarine Progress II, which will sail under charter with a Japanese LPG importer and distributor.Ordered by MOL’s company Aramo Shipping (Singapore), the Aquamarine Progress II has been delivered by Namura Shipbuilding.The Aquamarine Progress II will sail under a time charter contract with GYXIS Corporation, a Japanese LPG importer and distributor.The vessel is 230 meters long, with the breadth of 36.6 meters.

Wärtsilä Gas Solutions, part of technology group Wärtsilä, will supply the cargo handling systems for additional two new very large LPG carrier vessels to be built at the HD Hyundai Heavy Industries in South Korea.The ships have been contracted by Norwegian ship owner Solvang. The order follows a similar one placed in 2023 for five vessels being built at the same yard for the same owner.The very large gas carriers (VLGCs) are of Panamax size and form the next generation of eco-vessels.

As their first jointly owned liquefied petroleum gas (LPG) carrier in 21 years, NYK and Astomos Energy have named the new vessel Gas Garnet.The companies held a naming ceremony at the Sakaide Works of Kawasaki Heavy Industries on March 1, 2024.The 86,953 m3 capacity vessel was christened Gas Garnet by Yoshihito Takahashi, senior executive officer of Astomos Energy. This is the first jointly owned LPG vessel by the companies after they shared ownership of Gas Capricorn from 2003.The vessel has a breadth of 37.2 meters…

Qatar-based energy shipping company Nakilat has placed orders to with Hyundai Samho Heavy Industries (HSHI) of South Korea for the construction of six new LNG and LPG carriers.The order includes two LNG carriers with a cargo capacity of 174,000 cubic meters each and four very large LPG/ammonia gas carriers, with a substantial cargo capacity of 88,000 cubic meters.The vessels are set to be delivered between 2026 and 2027, Nakilat said.Upon delivery, Nakilat's LNG fleet will expand to 71 vessels…

Wärtsilä will supply the cargo handling and fuel supply systems for four new 40,000 m3 gas carrier vessels. The ships are being built at the CIMC SinoPacific Offshore & Engineering (SOE) shipyard in China for Norwegian shipowner Avance Gas. The Wärtsilä LPG Fuel Supply System (LFSS) is a system that enables the use of LPG as fuel. This increases operational efficiency and supports environmental sustainability.These will be the first medium sized LPG carrier vessels built at the SOE yard.

Astomos Energy, the biggest LPG distributor and trader in Japan, has chosen Maersk Tankers as voyage manager for, initially, five very large gas carriers (VLGCs).The Maersk Tankers service includes day-to-day vessel operations, fuel optimisation and claims handling. It covers full post-fixture support from the time the vessel is fixed for a voyage, through its successful execution, to the closure of the voyage books.“We are honored to commence the partnership with Maersk Tankers, not only pursuing efficient operation but also environmental goals.

BW LPG has demonstrated the value of dual-fuel LPG operations beyond the company’s initial aim of meeting IMO 2020 Sulphur Cap regulations.In October 2020, the LPG carrier BW Gemini became the first very large gas carrier (VLGC) to have its low-speed main engine converted to an LPG dual-fuel engine. The project started several years earlier, sparked by Oslo-listed BW LPG’s preparations for the IMO’s 2020 Sulphur Cap regulations.Compared to heavy fuel oil, LPG reduces Sox emissions by approximately 97%…

China Classification Society (CCS) has issued Approval in Principle (AIP) for the design of the world’s first low carbon very large gas carrier (VLGC). The concept design is based on an LPG dual fuel ship type with a carbon capture system onboard. Two Type C low-temperature carbon dioxide storage tanks are located on both sides of the open deck in the cargo area, and the designed carbon dioxide capture rate of the system can reach over 85%. CCS’s Shanghai Rules & Research Institute issued the AIP to Jiangnan Shipbuilding for the design which was developed jointly with No.

NYK ordered its fifth liquefied petroleum gas (LPG) dual-fuel very large LPG/liquefied ammonia gas carrier (VLGC) from Kawasaki Heavy Industries Ltd. (KHI). The ship will be built at the KHI Sakaide Works shipyard and is set for delivery in 2026.This vessel is the seventh in NYK's fleet of LPG-fueled LPG carriers and the fifth in a new type of vessel that is also capable of carrying ammonia and will be equipped with separate cargo tanks designed to carry LPG and ammonia at the same time to flexibly respond to various trade patterns.In addition to the LPG dual-fuel engine…

Norwegian vessel operator Wilhelmsen Ship Management announced it has taken over management of the newbuild liquefied petroleum gas (LPG) carrier HLS Blue Sapphire.The 86,000-cubic-meter-capacity very large gas carrier (VLGC) is the first managed by Wilhelmsen for new client Hyundai LNG Shipping of South Korea.The LPG dual fuel vessel was built at South Korea's Hyundai Samho Heavy Industries Ltd.

On September 16, a naming ceremony was held at Sakaide Works of Kawasaki Heavy Industries Ltd. for a new VLGC (very large gas carrier) that NYK will charter to Astomos Energy Corporation, the world's pre-eminent liquefied petroleum gas (LPG) company.At the ceremony, the ship was named Lantana Planet by Mitsuru Yamanaka, executive vice president of Astomos Energy Corporation, and the ceremonial rope holding the vessel in place was cut by his wife. NYK senior managing executive…

Wärtsilä will deliver its cargo handling and LPG fuel supply systems for two LPG/Midsize gas carrier vessels being built at Hyundai Mipo Dockyard in South Korea for EXMAR LPG.EXMAR LPG is a joint venture between EXMAR, a maritime and offshore solutions provider and Seapeak. According to Wärtsilä, the 46,000 m3 capacity vessels will be the largest of their kind in the world, and there is an option for two additional ships as well. Wärtsilä recently supplied a similar scope of solutions…

Oslo-listed LPG vessel operator BW LPG has converted the main engine of the ‘BW Malacca’ vessel to dual-fuel running. The last such conversion for a series of 15 LPG carriers, the ship’s MAN B&W 6G60ME-C9.2 type engine was retrofitted to an MAN B&W 6G60ME-C9.5-LGIP dual-fuel type capable of operating on fuel oil and LPG.The work was carried out at Yiu Lian Dockyards in Shenzhen, China in conjunction with the vessel’s scheduled, five-year docking and under the supervision of MAN PrimeServ, MAN Energy Solutions’ after-sales division.

Abu Dhabi's Al Seer Marine, a subsidiary of International Holding Company (IHC), has said it has acquired two vessels, valued at a combined AED 246 million ($66,97 million), to meet the "rapidly growing demand for transportation of liquified petroleum gas (LPG)."Al Seer Marine has purchased LPG tankers, MT Alcor and MT Alkaid, each with a capacity of 20,700 cubic meters. The vessels are expected to provide an internal rate of return (IRR) of 25%, Al Seer Marine said. The company plans to buy up to 15 ships in 2022.

Egypt's Suez Canal has extended rebates on canal tolls for liquefied petroleum gas (LPG) and liquefied natural gas (LNG) carriers from July until the end of the year, the canal authority said in circulars published on its website.LPG tankers operating between the American Gulf and ports west of India, on the Maldives islands and at Kochi will receive a rebate of 20% on the canal's normal tolls, according to a circular published on its website on Monday.Those operating from ports east of Kochi to Singapore will receive a rebate of 55%, and from Singapore ports east will have a rebate of 75%.LNG

Guangzhou Shipyard delivered a pair of innovative ships recently: the 274m, 157,300 dwt Greenway reported to be the world’s first LNG dual fuel Suezmax tanker built for Singapore headquartered shipowner Eastern Pacific Shipping Pte. Ltd.; and the 49,990 dwt tanker Stena Pro Marine, the second methanol-fueled ship ever built in China.The Stena Pro Marine was handed over to Proman Stena Bulk, a joint venture between Sweden’s Stena Bulk AB and Switzerland-headquartered Proman, with…

Russian exporters will start shipping supplies of liquefied petroleum gas (LPG) to Bulgaria via Georgia's Black Sea port of Poti in July as traditional export routes remain closed, according to traders and Refinitiv Eikon statistics.Russia stopped supplying LPG to Ukraine on Feb. 24, when Russia sent troops into the country in what Moscow calls a "special military operation", and has also stopped LPG rail transit to Romania, Hungary and Moldova via Ukraine, obliging exporters look for new routes.Finland…